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Technology Stocks : JMAR Technologies(JMAR)

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To: Starlight who wrote (3967)11/13/1997 2:43:00 PM
From: Gooch  Read Replies (2) of 9695
 
Betty, what I meant to say was that I didn't know of a selling product that JMAR developed. They are producing products siphoned off of the companies they bought, primarily Benchmark. Benchmark was a "manufacturer of laser-driven material processing systems and automatic optical inspection and measurement equipment." Sound familar? Its technology was bought from two divisions of Raytheon and Assemtest, a company it acquired. Assemtest was a manufacturer of vision inspection equipment. The two divisions or Raytheon were the Industrial Products Group and the Laser Products Group. Texcel, by-the-way, was "a provider of laser material processing services and custom products which are manufactured with laser technology for the electronics and bio-medical markets."

I think JMAR was initially founded for the sole purpose of applying for government grants.
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